Cost segregation study can be a great way to unlock tax savings, even for properties you’ve owned a while.

This is relying on a 35% expense ratio, which I believe many would argue is conservative and should be higher.Round Number Case Study:$12,000 Monthly Collected rent$4,200 Monthly Expenses (35% Assumption)$7,800 NOI$7,800/$500,000 = 15.6% cap rate

It sounds like you’d definitely benefit from doing a study since your wife qualifies as a real estate professional.

Some correctionBonus depreciation is now 100%Are you sure you got a cost segregation study from the company you provided a link to(KBKG)?

I have been looking at Cost Segrigation and 100% bonus depreication.Has anyone ever done one for a single family home portfolio?How much was it?Was it worth it?

Quote from @Sean O'Keefe: Quote from @Damon Silver: We're looking to do a cost segregation study on our duplex in Corvallis. 

Before you move forward with a cost segregation study or any major investment, the first step is to make sure that you’ll actually benefit from bonus depreciation in your situation.

Seriously, the whole strategy hinges on proving Material Participation so you can claim those juicy tax losses against your active income.

Quote from @Michael Plaks: Quote from @Wayne Wollesen: I have a single STR and will need to get a cost segregation study (specifically an engineering study) done for this year.

Can you recommend how I should go about finding a good firm to do this study in North Alabama?